Trading Statement

Shanks Group PLC
01 October 2004


1 October 2004

Company Announcement

Shanks Group plc Pre-Close Period Trading Statement


Shanks Group plc, a leading European waste management company, today issues the
following pre-close statement. The Group's Interim Results will be announced on
Thursday 4 November 2004 at 7:00 am.

Overall performance for the year to 31 March 2005 is still expected to be in
line with the guidance given at the Annual General Meeting on 29 July 2004. The
implementation of the Strategic Review is progressing with all UK non-PFI
activities now operating as Shanks Waste Management. The cost reduction
programme continues with the full £3m saving scheduled for the 2005/6 year. The
Waste Collection business is showing an improved performance against last year.

Negotiations continue over the 25 year contract for Dumfries and Galloway where
the Group is preferred bidder. With only a few points outstanding financial
close is expected shortly. The contract will provide an initial annual revenue
of £6m and £270m over its 25 year life. A number of other similar opportunities
are being actively pursued.

The European operations are performing solidly in aggregate and a number of
growth opportunities are being evaluated.


                                      Ends

For further information contact:
Michael Averill, Group Chief Executive
David Downes, Group Finance Director
Shanks Group plc, telephone [phone]





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